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Major Lender

OnDeck

Pioneering online small business lending with fast, technology-driven approvals.

$5,000 - $250,000

Funding Range

24-48 hours

Funding Speed

$10,000

Min. Monthly Revenue

600+ FICO

Credit Requirement

About OnDeck

OnDeck is one of the most well-known online small business lenders in the United States. They offer term loans and lines of credit to established small businesses, leveraging technology to streamline the application and approval process.

Founded 2006New York, NY

Requirements

Time in Business

12 months

Min. Monthly Revenue

$10,000

Credit Score

600+ FICO

Factor Rate

1.10 - 1.40

Industries Served

Retail
Restaurants
Healthcare
Construction
Professional Services

Pros

Fast online application process
Transparent pricing and terms
Builds business credit history
Repeat borrower benefits

Cons

Higher rates than traditional banks
Requires at least one year in business
Daily or weekly repayment schedule

How to Apply to OnDeck

Before applying to OnDeck, check your qualification first. Upload your bank statements anonymously — see what an underwriter would think before any lender sees your file. Know your risk flags, understand your position, and only apply when your file is strong.

Ready to See If You Qualify?

Upload your bank statements anonymously and get an instant underwriter-grade analysis. No credit pull. No commitment. No one contacts you unless you want them to.